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Unity Software Stock Soars, Apparently in Response to ‘Roaring Kitty’ Post | Global News Avenue

Unity Software Stock Soars, Apparently in Response to ‘Roaring Kitty’ Post

Main points

  • Shares of Unity Software jumped Thursday, a day after the meme stock hero named “Roaring Kitty” posted a social media post featuring a song by late musician Rick James, who had a song titled “Unity” song.
  • Unity Software’s most recent securities filings do not show that Keith Gill, aka “Roaring Kitty,” purchased stock.
  • Last year, Gill’s posts made headlines and impacted the stock prices of GameStop, Chewy and Petco Health + Wellness.

Unified Software (U) shares rose 8% on Thursday, the day after the social media post meme stocks known as “growling kitten” features clips from late musician Rick James, who had a song called “Unity.”

Unity Software’s most recent securities filings do not show that Keith Gill, aka “Roaring Kitty,” purchased stock.

“Roaring Kitten” posts have driven several stocks higher since last June

After rising to prominence during the meme stock craze in late 2020 and early 2021, Gill resurfaced last year, sending the share prices of several stocks rising in response to his posts.

Gill’s return to the spotlight began in June, when he Indicates a large position At video game retailer GameStop (Society of General Mechanical Engineers) in a post on Reddit (RDDT), his username is “DeepF—ingValue”. Then a mysterious photo of a cartoon dog was posted on X, driving up Chewy’s stock price (blow) and Petco Health + Wellness (latitude).

Later, a U.S. Securities and Exchange Commission (SEC)) documents show that Jill took Location On Chewy. Gill later posted another cryptic photo from the movie Toy Story 2, suggestion He has given up on stocks. he did it Sell later this year.

Despite Thursday’s gains, Unity Software’s shares have fallen by more than a third in the past 12 months.

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